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Side-by-side financial comparison of DYADIC INTERNATIONAL INC (DYAI) and Ocean Power Technologies, Inc. (OPTT). Click either name above to swap in a different company.

DYADIC INTERNATIONAL INC is the larger business by last-quarter revenue ($565.5K vs $424.0K, roughly 1.3× Ocean Power Technologies, Inc.). DYADIC INTERNATIONAL INC runs the higher net margin — -277.1% vs -2553.1%, a 2275.9% gap on every dollar of revenue. On growth, DYADIC INTERNATIONAL INC posted the faster year-over-year revenue change (-30.8% vs -82.5%). Over the past eight quarters, DYADIC INTERNATIONAL INC's revenue compounded faster (30.0% CAGR vs -51.4%).

Dyadic International Inc is a global biotechnology firm that develops and manufactures proprietary high-performance enzymes, biologic therapies and sustainable bioproducts. It serves pharma, industrial biotech, agricultural and environmental sectors across North America, Europe and Asia Pacific, using its patented C1 gene expression platform to drive cost-effective scalable biomanufacturing.

Ocean Power Technologies (OPT) is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remote offshore applications. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from wave power can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the economic viability of the theoretical concept ...

DYAI vs OPTT — Head-to-Head

Bigger by revenue
DYAI
DYAI
1.3× larger
DYAI
$565.5K
$424.0K
OPTT
Growing faster (revenue YoY)
DYAI
DYAI
+51.7% gap
DYAI
-30.8%
-82.5%
OPTT
Higher net margin
DYAI
DYAI
2275.9% more per $
DYAI
-277.1%
-2553.1%
OPTT
Faster 2-yr revenue CAGR
DYAI
DYAI
Annualised
DYAI
30.0%
-51.4%
OPTT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DYAI
DYAI
OPTT
OPTT
Revenue
$565.5K
$424.0K
Net Profit
$-1.6M
$-10.8M
Gross Margin
-325.5%
Operating Margin
-271.6%
-2387.5%
Net Margin
-277.1%
-2553.1%
Revenue YoY
-30.8%
-82.5%
Net Profit YoY
-1.1%
-176.6%
EPS (diluted)
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DYAI
DYAI
OPTT
OPTT
Q4 25
$565.5K
$424.0K
Q3 25
$1.2M
$1.2M
Q2 25
$966.6K
$1.3M
Q1 25
$393.6K
$825.0K
Q4 24
$817.4K
$2.4M
Q3 24
$2.0M
$1.3M
Q2 24
$385.9K
$1.6M
Q1 24
$334.6K
$1.8M
Net Profit
DYAI
DYAI
OPTT
OPTT
Q4 25
$-1.6M
$-10.8M
Q3 25
$-2.0M
$-7.4M
Q2 25
$-1.8M
$-6.4M
Q1 25
$-2.0M
$-6.7M
Q4 24
$-1.6M
$-3.9M
Q3 24
$-203.5K
$-4.5M
Q2 24
$-2.0M
$-6.7M
Q1 24
$-2.0M
$-6.5M
Gross Margin
DYAI
DYAI
OPTT
OPTT
Q4 25
-325.5%
Q3 25
12.1%
-1.9%
Q2 25
16.8%
Q1 25
23.9%
Q4 24
56.8%
32.9%
Q3 24
79.8%
34.4%
Q2 24
21.8%
54.8%
Q1 24
57.0%
45.4%
Operating Margin
DYAI
DYAI
OPTT
OPTT
Q4 25
-271.6%
-2387.5%
Q3 25
-165.3%
-598.8%
Q2 25
-178.9%
-563.6%
Q1 25
-508.8%
-712.1%
Q4 24
-187.2%
-161.9%
Q3 24
-10.4%
-343.8%
Q2 24
-529.3%
-430.3%
Q1 24
-635.2%
-430.0%
Net Margin
DYAI
DYAI
OPTT
OPTT
Q4 25
-277.1%
-2553.1%
Q3 25
-169.7%
-625.0%
Q2 25
-185.6%
-487.9%
Q1 25
-515.2%
-814.5%
Q4 24
-189.7%
-161.8%
Q3 24
-10.4%
-342.3%
Q2 24
-530.0%
-427.6%
Q1 24
-600.6%
-363.2%
EPS (diluted)
DYAI
DYAI
OPTT
OPTT
Q4 25
$-0.06
Q3 25
$-0.06
$-0.04
Q2 25
$-0.06
$-0.04
Q1 25
$-0.04
Q4 24
$-0.04
Q3 24
$-0.01
$-0.05
Q2 24
$-0.07
$-0.12
Q1 24
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DYAI
DYAI
OPTT
OPTT
Cash + ST InvestmentsLiquidity on hand
$7.3M
$11.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2M
$22.3M
Total Assets
$9.9M
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DYAI
DYAI
OPTT
OPTT
Q4 25
$7.3M
$11.7M
Q3 25
$8.9M
$9.9M
Q2 25
$5.0M
$6.7M
Q1 25
$7.4M
$10.0M
Q4 24
$9.3M
$2.1M
Q3 24
$5.9M
$3.2M
Q2 24
$6.1M
$3.2M
Q1 24
$10.6M
$9.1M
Stockholders' Equity
DYAI
DYAI
OPTT
OPTT
Q4 25
$1.2M
$22.3M
Q3 25
$2.6M
$24.2M
Q2 25
$-529.7K
$26.7M
Q1 25
$923.6K
$28.9M
Q4 24
$2.5M
$22.1M
Q3 24
$3.4M
$22.3M
Q2 24
$3.2M
$19.3M
Q1 24
$4.5M
$25.3M
Total Assets
DYAI
DYAI
OPTT
OPTT
Q4 25
$9.9M
$39.3M
Q3 25
$11.7M
$36.6M
Q2 25
$8.1M
$30.8M
Q1 25
$7.9M
$34.4M
Q4 24
$9.9M
$26.9M
Q3 24
$10.8M
$29.2M
Q2 24
$10.6M
$28.7M
Q1 24
$12.7M
$34.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DYAI
DYAI
OPTT
OPTT
Operating Cash FlowLast quarter
$-1.8M
$-7.5M
Free Cash FlowOCF − Capex
$-7.8M
FCF MarginFCF / Revenue
-1838.9%
Capex IntensityCapex / Revenue
62.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DYAI
DYAI
OPTT
OPTT
Q4 25
$-1.8M
$-7.5M
Q3 25
$-1.9M
$-5.6M
Q2 25
$-130.0K
$-4.0M
Q1 25
$-1.9M
$-3.7M
Q4 24
$-696.4K
$-4.8M
Q3 24
$-201.1K
$-6.1M
Q2 24
$-2.0M
$-5.1M
Q1 24
$-1.1M
$-9.2M
Free Cash Flow
DYAI
DYAI
OPTT
OPTT
Q4 25
$-7.8M
Q3 25
$-7.1M
Q2 25
$-4.2M
Q1 25
$-4.0M
Q4 24
$-5.0M
Q3 24
$-6.5M
Q2 24
$-6.4M
Q1 24
$-9.7M
FCF Margin
DYAI
DYAI
OPTT
OPTT
Q4 25
-1838.9%
Q3 25
-597.1%
Q2 25
-315.9%
Q1 25
-480.0%
Q4 24
-207.3%
Q3 24
-499.5%
Q2 24
-408.0%
Q1 24
-543.6%
Capex Intensity
DYAI
DYAI
OPTT
OPTT
Q4 25
62.7%
Q3 25
122.9%
Q2 25
11.8%
Q1 25
26.9%
Q4 24
10.2%
Q3 24
28.7%
Q2 24
86.6%
Q1 24
29.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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